American bookmaker DraftKings wants to buy its British competitor Entain for $ 20 billion

Today, September 21, it became known that the American bookmaker DraftKings made an offer to purchase the British bookmaker and gambling company Entain Plc. This was reported by the British themselves after the information appeared in the media. Having confirmed receipt of the offer, the British company said it would react to it later, but for now urged its shareholders not to take any action. After this announcement, the shares of Entain, which includes such well-known bookmaker companies as Bwin, Ladbrokes, BetMGM (a joint venture with MGM Resorts), Sportingbet, etc., as well as gambling companies such as PartyPoker, CasinoClub, etc., increased in price by 19%. According to analysts of the British consulting and financial analytical company Hargreaves Lansdown, the revenue of betting and gambling firms has grown significantly last year against the background of lockdowns in many countries of the world. On the one hand, this provided good reserves of free funds, and on the other hand, it made some companies attractive targets for acquisition. Experts believe that the Americans were attracted to….

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